The chart contains the totality of reality. If we argue with chart, means, we argue with reality. Chart contains information undetected by the human mind since chart mirrors reality. Value investor could argue that the price will rebound once rss buy back the share. There is logic in such arguments but you could also argue that I have never loss any money in investing. Because I will always wait for the price reach back my entry point. All the best.
Lienteh Technology Sdn Bhd, which is expected to obtain necessary approvals to commence production of nitrile gloves, is seeking a back-door listing via Eonmetall Group Bhd. Eonmetall, via a share sale agreement, is planning to acquire a 51% stake in Lienteh Technology for RM51 million. The purchase consideration will be entirely satisfied via the issuance of 72.86 million Eonmetall shares and the granting of a call option by the vendors to Eonmetall for the acquisition of the remaining 49% equity interest for RM49 million.
Just look at Supermax price chart for the last 10 years and you will noticed that once this pandemic settles down, the share price will collapse down to the floor. Be patient except old geezer would be long gone by then.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
thirdeye
64 posts
Posted by thirdeye > 2021-02-09 21:40 | Report Abuse
Dear friends, don't be fooled by this GREAT GURU again!